How have people's rent increases been?

almoststew1990 · 20 Jun 2015 at 14:30

Edit- Fantastic English in that title

My rent is due to go up in July. The contract states:

The rent will increase by the amount stated for the annual increase in the CPIH index (consumer price index including housing) as quoted for the month two months prior to the month of the increase".

It also states rent will not go up before 363 days have passed since we signed the contract (and subsequent increases will require another 363 days).

My current rent is £575. The contract renewal is July. The CPIH for may is 0.4%. If I am not being a nonce, the rent will go up to £575.23. This seems too good to be true.

Have other people had tiny rent increases? Or have Landlords/ agents held off increasing the rent until the CPIH shows signs of life and then they'll hit you with a 3% or whatever?

rpg · 20 Jun 2015 at 14:32

Usually it will have a following statement along the lines of "to a minimum of 3%, and a maximum of 5%". Mine did anyway.

Surveyor · 20 Jun 2015 at 14:35

almoststew1990 said:
My current rent is £575. The contract renewal is July. The CPIH for may is 0.4%. If I am not being a nonce, the rent will go up to £575.23. This seems too good to be true.

£575 plus 0.4% is £577.30.

Efour · 20 Jun 2015 at 14:35

What a nonce. its 577.3

NexusK · 20 Jun 2015 at 14:37

Mine hasn't changed since we moved in 8 years ago.

almoststew1990 · 20 Jun 2015 at 14:38

rpg said:
Usually it will have a following statement along the lines of "to a minimum of 3%, and a maximum of 5%". Mine did anyway.

Mine does not.

We've also had the hob and washing machine replaced (both of which were very faulty but appeared fine to all parties when we signed the contract) as well as the plumber out to fix the toilet and the electrician out (both of which were problems that needed to be fixed), so I was anticipating a rent increase on the basis that the flat now has newer white goods in it. The contract makes no mention of rent increases on the back of "more-than-minimal services provided by the agent" if you know what I mean?

Can the landlord still demand a rent increase if the contract specifically states rent increase will be based on CPIH (and no mention of other reasons for rent increase)

almoststew1990 · 20 Jun 2015 at 14:39

Efour said:
What a nonce. its 577.3

Yeah i did 575*100.04

and I'm apparently studying statistics!

Rroff · 20 Jun 2015 at 14:44

Mine has said something like that (without any 3-5% qualification) then been some arbitrary amount above that anyway :S

I say arbitrary but they completely redid the bathroom at one point and I'm pretty sure tried to add the cost of that on top of the rent increase spread over 12 months :S I was leaving anyhow so just laughed.

Glaucus · 20 Jun 2015 at 14:46

Never had rent increase regardless how long I've been there.

Be leaving this house in a month, been here just over 4 years iirc.

MadMouse101 · 20 Jun 2015 at 15:02

Ours is going up by £25.

Kuros · 20 Jun 2015 at 15:03

Been here for almost 3 years now, no sign of a rent increase for me. (Even though the landlord could ask for an increase, I guess he doesn't want to risk it)

inogen · 20 Jun 2015 at 15:07

Last time I rented, the landlord put the rent up from 650 to 775 a month and tried to backdate it 3 months.

Oh how we laughed. And then left.

Diddums · 20 Jun 2015 at 15:26

My rent hasn't gone up in three years because we look after the place.

cainer · 20 Jun 2015 at 15:43

i was in my last place for 15 years with no rent increase

arknor · 20 Jun 2015 at 15:47

My rent goes up every year like clock work

Haircut · 20 Jun 2015 at 16:05

The last place I rented it went up from £825pcm to £875 pcm over a 5 year period, which I though was pretty good for Zone 5 London.

Had a look online and they put a new kitchen and bathroom after I moved out and rented it out at £1075 pcm :eek:

neil_g · 20 Jun 2015 at 16:10

Had a letter the other day to say its going up by £10/month. First rise in 2 years.

Tealc · 20 Jun 2015 at 16:11

We had a letter saying ours was going up by -4p a month. Never had a rent reduction before.

Caged · 20 Jun 2015 at 16:26

inogen said:
Last time I rented, the landlord put the rent up from 650 to 775 a month and tried to backdate it 3 months.

Oh how we laughed. And then left.

Haha what?

Brutal biff · 20 Jun 2015 at 17:12

My last landlord tried put ours up an extra 125 a month so we left

I've learnt one lesson since leaving home all landlords are nothing but crooks

Want every penny off you yet make 0 effort in rectifying any faults